TDG Gold sells 51% of Aurora West project to Freeport for C$110M, with potential for Freeport to increase stake.

TDG Gold Corp. has agreed to sell a 51% interest in its Aurora West property to Freeport-McMoRan for C$110 million in cash. Freeport also has an option to increase its ownership to 75% or 100% by funding an additional C$80 million in exploration and paying C$40 million more by 2026. TDG retains a 49% stake initially and will keep certain properties outside the deal. The transaction strengthens TDG's cash position to advance its other projects and allows continued exposure to Aurora West's potential. Closing is expected by December 2026, subject to regulatory approvals.

Freeport-McMoRan, involved in the Aurora West deal, trades on Pluang at USD 60.84 as of Nov 13, 2026 02:11 WIB. The stock has seen a 2.04% decline in the last day. Market participants show a strong sell sentiment with 84% of orders to sell and only 16% to buy at this time.